International Trade AlertKey Points
On May 1, 2026, President Trump issued an E.O. pursuant to IEEPA authorizing the imposition of sanctions on non-U.S. individuals and entities, including foreign financial institutions, engaged in certain conduct related to Cuba.
The May 1 E.O. introduces significant secondary sanctions risk arising from business dealings in or with Cuba.
Sectors of the Cuban economy currently targeted by the E.O. are energy, defense and related materiel, metals and mining, fi...
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